March Madness 2013

Another month, another chart. Here is a KORS update - it appears poised for a little run and the opportunity to exit the position as I do not see much upside in the near term above $65. After wave 5 concludes around the target price, expect a correction to around the top of wave 1 area (around $55). Wave 5 will probably be around the same duration as wave 1 - around a month or a little more.

How do you see DDD based on this chart and the one on your site BassMan now that a couple of trading days have passed? Do you still see it commencing Wave 1 of a new 5 wave motive wave or is it possible that it is still in Wave c of a corrective wave. So far it has held the low of 30.28 but has been up and down a bit.